Onsi Sawiris Net Worth $2 Billion
The Inexplicable Mystery Into Egypt Revealed
Onsi is the fourth wealthiest person in Egypt, the eleventh person in the list of 40 Wealthiest People in Africa and 736th in the world.
Mr. Sawiris has built his estimated net worth of $2 billion when he founded the Orascom conglomerate, a general contracting and trading company, in 1976. From the early 1990’s, Mr. Sawiris had established the business as the leading private sector contractor as it worked in partnership with international businesses with projects in Egypt.
Onsi Sawiris was in-charge of overseeing the diversification of the business into new areas such as tourism and data technology. He also led the business with its biggest growth and success to eventually become the largest conglomerate running in Egypt with its three major firms — Orascom Telecom Holding (OTH), Orascom Construction Industries (OCI) and Orascom Hotels and Development (OHD).
His son, Nassef, took over OCI in 1995 and is now the most precious publicly-traded business in Egypt. Naguib runs OTH and is an investor in Mobinil, the main mobile telephone company in Egypt while Samih heads OHD. Now, Orascom is also involved with science and technology, and business firms.